Sunday, October 9, 2011

Trader Guide for 10-Oct-2011

KST
KST Nifty Futures 5 Min

 KST Nifty Futures 60 Min


KST Nifty Futures EOD


Pivot


Nifty Futures closed at 4893.90 below averages and pivots indicating bears are grip on Nifty is visible on Friday closing on Hourly chart KST Indicator is attempting buy at over bought zone its not a good sign for bears if this cross holds we need to close our shorts and wait for fresh cross on Overbought zone for shor again from high.... On EOD chart KST Indicator is attempting buy at oversold zone need to be careful whipsaw trade may possible if buy cross appears here... wait for clear buy to reverse our trade on daily.... wait for hourly to reach oversold..... sell on rise looks extremely risky now.... trade with trend is our motto for next 2-3 days...

No comments:

Post a Comment